For Week Ending November 19, 2022 (Data current as of Nov. 28, 2022)

Housing supply continues to grow nationwide, as higher borrowing costs cause home sales to slow. According to Realtor.com’s Monthly Housing Market Trends Report, the national inventory of active listings increased 33.5% year-over-year in October, the highest inventory level since 2020. As a result, local buyers may find they have more options to choose from, and with homes spending more days on market compared to the same period last year, a bit more time to shop around as well.

Charlotte Region

In the Charlotte region, for the week ending November 19:

• New Listings decreased 34.5% to 759
• Pending Sales decreased 34.2% to 747
• Inventory increased 49.7% to 7,784

For the month of October:

• Median Sales Price increased 13.4% to $380,000
• List to Close increased 16.7% to 84
• Percent of Original List Price Received decreased 4.0% to 96.5%
• Months Supply of Homes for Sale increased 72.7% to 1.9

View the full Charlotte report

Asheville Region

In the Asheville region, for the week ending November 19:

• New Listings decreased 22.5% to 196
• Pending Sales decreased 22.3% to 206
• Inventory increased 2.4% to 2,320

For the month of October:

• Median Sales Price increased 10.1% to $380,000
• List to Close increased 4.8% to 87
• Percent of Original List Price Received decreased 2.2% to 95.2%
• Months Supply of Homes for Sale increased 20.0% to 2.4

View the full Asheville report

Catawba Valley region

In the Catawba region, for the week ending November 19:

• New Listings decreased 32.7% to 70
• Pending Sales decreased 20.5% to 66
• Inventory increased 27.1% to 662

For the month of October:

• Median Sales Price increased 16.8% to $260,450
• List to Close increased 6.0% to 71
• Percent of Original List Price Received decreased 1.6% to 96.4%
• Months Supply of Inventory increased 38.5% to 1.8

View the full Catawba Valley report